Lenskart's Q4 net profit falls 9 pc to Rs 200 crore
Mumbai, May 20
Lenskart Solutions on Wednesday reported a 8.49 per cent year-on-year decline in consolidated net profit for the March quarter.
The company's consolidated net profit stood at Rs 200.28 crore in the fourth quarter, compared to Rs 218.88 crore in the corresponding period last financial year (Q4 FY25), according to its stock exchange filing.
Revenue from operations during the quarter rose 46 per cent year-on-year to Rs 2,516 crore, driven by strong same-store growth, expansion into new markets and rising premium product demand.
Lenskart said its adjusted profit after tax surged 165 per cent in the March quarter, supported by 41 per cent revenue growth and 61 per cent growth in EBITDA.
For the full financial year FY26, the company reported a 32 per cent increase in revenue to Rs 9,002 crore.
EBITDA during the year climbed 55.3 per cent to Rs 1,789 crore, while adjusted PAT jumped 148 per cent to Rs 530 crore.
The company said it conducted 6.8 million eye tests during the March quarter, marking a 45 per cent increase compared to the year-ago period.
For the full year, total eye tests rose 48 per cent to 23.8 million, with nearly half of them being first-time eye examinations in India.
"Every eye test expands the addressable market itself. Growth is deepening, not just widening," the company said in a statement.
According to the company, India delivered same-store sales growth of 24.2 per cent in the fourth quarter, while same-pincode growth remained significantly higher.
Lenskart Solutions also expanded into 157 new cities across tier-2 and smaller markets during the year.
The company's international business also continued to witness strong momentum. International revenue grew 35 per cent year-on-year in the March quarter, while EBITDA margin expanded to 9.2 per cent.
For the full year, international revenue increased 30 per cent, with EBITDA margin improving by 335 basis points to 7 per cent.
— IANS
Reader Comments
Adjusted PAT up 165% and EBITDA up 55%—that's the real story. Net profit dip is just accounting for expansion costs. Lenskart is doing great work: 23.8 million eye tests, half of them first-time in India. That's life-changing for rural areas. International business growing 35% too. Proud of this Indian brand going global. 👓🇮🇳
Same-store growth of 24.2% in India is solid, but the net profit drop is concerning for investors. Revenue up 46%, yet profit down? They need to control costs better. The eye test stat is good PR, but how many convert to sales? For a company valued at billions, these numbers should be cleaner. I'm watching closely.
6.8 million eye tests in one quarter—that's incredible. My village got a Lenskart store last year, and my parents got their first proper glasses. The quality is decent for the price. I know profits dipped, but if they're reinvesting in education and access, I'm okay with that short-term. Long-term, this brand is changing India's vision. 👀
As someone from the US, I've been impressed by Lenskart's expansion into international markets—35% revenue growth abroad is no joke. The adjusted PAT jump of 165% shows operational efficiency is improving. But I wonder if the net profit drop signals over-expansion. Still, 23.8 million eye tests globally is a powerful metric for any eyewear company.
K Kavya N < We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.